Affiliate marketing vs. creating your own products – which is best for a beginner trying to build income online from scratch? In this video, I talk about my experiences with both affiliate marketing and creating my own products, and recommend to you what you should to go from $0 in online income to the $3000 per month level.
So you're a beginner into the wonderful world of internet marketing. You've read that you can make money with both affiliate marketing and product creation… but which is for you?
If made significant money with both business models, and here is my opinion for those of you looking to make about $3,000/m online with these models.
Benefits of Affiliate Marketing:
-Low Barrier of Entry (Can also be a negative)
-You don't have to be good at selling.
-You don't have to deal with customer support or product delivery.
-You can focus on getting traffic
-Potential to earn a full time income.
Benefits of creating your own products:
-You can make more money potentially.
-You can build a buyers list and a back end sales machine.
-You can get affiliates to promote your products.
Drawbacks of creating products:
-You need more overall skills
-Takes more time.
-Need to worry about processing, delivery, and customer support.
Overall, if you're a beginner, I recommend you start with affiliate marketing and do that until you reach the $10,000 to $20,000 a month mark, and then move onto product creation. This way you have a solid foundation in place, and will be list risky for you in the beginning.
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